Shutterstock completes the acquisition of Backgrid's celebrity news network, and the business combination has far-reaching implications.
The New York Market (SSTK) is the world's largest innovation, and it is a company that provides quality content with quality products. Today, the company announced its acquisition of Backgrid, a major distributor of the world's most famous**.
For the past 30 years, Blockbuster has been bringing real-time footage from world-class photographers to top media companies. The deal will provide Shutterstock with more than 30 million images of celebrities, red carpets and major events, significantly expanding its archive and adding more than 1,400 contributors to its world network of photographers, which has become an industry leader.
With this acquisition, Shutterstock will strengthen its editorial coverage and coverage in the eastern and western regions of the United States and push its impact around the world to a new level, helping Shutterstock complete its editorial work both domestically and internationally, developing high-quality celebrity information, and building the world's most influential team of top photographers.
Following the announcement, Shutterstock launched a series of commercial activities, including the purchase of SplashNews, a 24/7 service platform that allows users to stay up to date on the latest major events, as well as the launch of a new Shutterstock (Shutterstock) and exclusive resellers with brands such as A&E, Life and Condé Nast.
In addition, Shutterstock has signed a new partnership agreement with Grand Ole Optical through Opportunity Entertainment Group and has launched Shutterstock's copyright licensing services.